ES Journal Archive (2011)

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Quote from will848:

This is not a sign of market strength. It's just inflation.
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That may be true.

But if you`ve been trading the long side lately, you have earned money.

I think it`s important to differentiate our beliefs about what "we think is fair" from what is actually happening with the price action.

Like Al Brooks said it, trade what you see in front of you, even if it seems incredible and unlikely. Roughly paraphrased :)

I`m saying this because I`m incredibly skeptic myself of what`s going on in the U.S. economy and that has affected my trading performance poorly. But I`ve managed to put that aside for now.
 
If I exit here then I have 2 posted trades in realtime one for -1 and 1 for +2. I can call myself a winner.:p

<---2 posts to go.

Nice calls volente and paul alan.:confused:

Quote from eudaemon:

Just short it like right now.
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From a technical perspective I have to step aside for now, the weekly and monthly charts suggest not very good risk reward at this point, it's been an incredible vertical accent and that s what is concerning. Reminds me of crude oil spike then collapse.

But what am I thinking technicals don't mean diddle the central banks keeps getting in the way of rational markets friggen idiots, things are so screwed up.
 
Quote from eudaemon:

If I exit here then I have 2 posted trades in realtime one for -1 and 1 for +2. I can call myself a winner.:p

<---2 posts to go.

Nice calls volente and paul alan.:confused:
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+1 on an 18 point range day.



I am impressed.


:)
 
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